Business
Posted: 8/7/2009
NEWS NOW
90 JOBS TO BE LOST
AS ANOTHER FACTORY
FALLS VICTIM TO ECONOMY
In a news release from Myers Industries Inc., the Akron, Ohio-based plastics company will close its Shelbyville Buckhorn injection-molding operation and another factory in Reidsville, N.C. That plant will lose about 70 workers.
Production from both plants will be transferred to other Myers operations; the company will offer severance and outplacement support available to affected workers.
Myers President and CEO John C. Orr said the decision to close the plants was to cut costs.
"The decision to close any facility is extremely difficult because of the people and communities it impacts," he said. "However, given the changed economic landscape and to better position our business, it is absolutely critical that we further reduce costs, consolidate facilities and fully utilize our high-efficiency molding capacity to enhance productivity."
Buckhorn plant manager John Patton did not return a phone call for comment.
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